Business Accounting in Las Vegas

Everything You Need to Know About Business Accounting in Las Vegas

As a small business owner, you probably already know how crucial it is that your business keep accurate financial records. But if you don’t already know, now is a good a time to start. You work hard to keep your business competitive and to provide the best products and services in Las Vegas. That’s why you shouldn’t let poor record keeping or a missed tax bill derail your dreams of making it big time.

Why Do Businesses Need Accounting?

From conception to incorporation, a small business can partner with a trained business accountant at any step of the journey. Why? Because the purpose of your business—any business, for that matter—is to make you, your shareholders, and your employees an honest living. Your trained Certified Public Accountant (CPA) from Stanford Services LLC helps you do that by making sure your financials are in good shape.

A CPA helps your business in every aspect. Without accurate inventory cost records, how can you know what your profit margins are? How can you be sure you’re still taking in enough income to cover overhead and employee expenses? A qualified business accountant uses the records of the past to help you create a plan for the future.

That’s to say nothing about the IRS. Of course, having an accountant handle your statements is excellent for strategic development, but it’s essential to avoid a hefty tax bill.

How Long Should Business Accounting Records Be Kept?

Too many business owners run into trouble because they didn’t keep their accounting statements for the recommended seven years. Remember that the IRS can ask to review your financial documents at any time and for any reason. It’s crucial to work with an accountant that provides you copies and keeps all your records for the recommended length of time so that you can avoid a stressful audit.

Business Accounting for Small Businesses

When you’re looking for a business accountant near you, you shouldn’t go with the first large company you find. Maybe you saw one of their slick advertisements on television, but odds are, they won’t be providing you the first-name-basis service you deserve as a small business owner.

All of us at Stanford Services LLC are small business owners ourselves. We understand the pressures and challenges that small businesses in Las Vegas face. That’s why we’re the best choice for business accounting for small companies in the city.

Where Do I Find the Best Business Accounting Near Me?

Stanford Services LLC is a small business helping business owners get their finances in order. From payroll to bookkeeping to help with an upcoming audit, we’re the best choice for anyone living or working in the Las Vegas area.

Give us a call. We’re happy to set up an appointment for the near future. We’ll give you a detailed list of all the documents we’ll need, and ask you a few questions to get to know you and your business. For an estimate, or to set up a consultation, give us a call!